Independent Oil and Gas plc (IOG) said it was due to start drilling for gas in the Southern North Sea during the first quarter of 2021 and produce first gas during Q3. Today’s news comes as IOG, operator of its joint venture with CalEnergy Resources (UK) Ltd, awarded the rig contract for its core project […]
Tag: extractive industries
Alba starts surface drilling at Clogau gold mine
Alba Mineral Resources plc said it had started surface drilling after completing its underground drilling programme and bulk sampling at Clogau-St David’s Gold Mine in Snowdonia National Park, North Wales. The metals and critical minerals mining company reported that underground drilling programme had involved seven drill holes for a total of 559.5 metres and which […]
OGA warns companies failing to comply with rules
The Oil and Gas Authority (OGA) said that a minority of companies still needed to improve standards to match those of the majority and warned it would take enforcement action if problems persist. The warning comes after OGA reported in September 2020 that the volume of gas flared and vented in offshore upstream oil and […]
Power Metal further invests in Molopo
Power Metal Resources plc has made a further investment in Kalahari Key Mineral Exploration (Pty) Ltd in their nickel sulphide and platinum-group metal (PGM) mineralisation project in Botswana. Kalahari Key holds 100% of the Molopo Farms Complex (MFC) project and Power Metal earns into a 40% interest by funding $500,000 exploration expenditure in 2020. Power […]
Altona partner granted three-year Nankoma licence
Rare earth element (REE) mining company Altona Energy plc has taken its projects in East Africa a step further following the granting of a three-year exploration licence. The company said that Leadway Group Ltd, with which it signed a heads of agreement on 21 September, had been awarded a three-year exploration licence for its tenement […]
Power Metal early results augur well for Molopo
Power Metal Resources said early results from its drilling programme at Molopo Farms Complex (MFC) in Botswana supported the geophysical model for an intrusion feeder zone which could hold mineralised bodies. The company said it had so far drilled to a depth of 283 metres at the nickel sulphide and platinum-group metal (PGM) site. Hole […]